Shared by
BenLbTrading
17 was key breakthrough level on this but it pulled back to 20ema and hit my very tight stop loss right under it. Needed a looser stop or should've added at the pullback spot as it bounced pretty hard after that. Right idea, just not played well.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-12-08 09:57:03 | CIEN | buy | $17.000 | long |
| 2014-12-08 10:15:30 | CIEN | sell | $16.970 | 0 |
Comments
tombro
Hey, you're paying for TraderVue right? You know you can add ema's to your charts by clicking on the little rectangle between the gear and the magnifying glass.
Even better, you can also set it up as a default by clicking on your user name and change the Chart Settings on the left side of the user info window
BenLbTrading
I'm actually not paying for TraderVue, but I think I'm going to start. The information is very valuable. Looking at the daily for this I see now where it tapped 17 multiple times. I need to work on aligning multiple timeframes instead of only focusing on the intraday chart.
You know, I have unsuccessfully attempted to journal many times, even tho everyone says you should journal your trades...(Kunal, Steenbarger,SMB,etc)
I just realized last week, for the first time EVER, I am consistently journaling, and that, reviewing my trades has really helped me
And it only costs like a buck a day.
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Don't you hate it when your exit would have been a great entry? A lot of touches in that 17 area from Oct and Nov. But again, a great entry!